3 (e) Copyrights, and patents and other intellectual property rights, services and operating rights. (f) Recipes, formulae, models, designs and prototypes (h) Licenses and franchise (iii) Capital work in Progress: (Accounting Treatment - Not to be evaluated) (iv) Intangible Assets under Development: like patents, intellectual property rights, etc. which are being developed by the company. (Accounting Treatment - Not to be evaluated). (b) Non-Current Investments: Investments /Trade Investments and Non-trade investment (If it is a long term) (c) Deferred Tax Assets (Net): (Accounting Treatment - Not to be evaluated). (d) Long-term Loans and Advances: only Capital Advances and Security Deposits. (e) Other non-current assets:- Preliminary Expenses Discount on Issue of shares/ debentures Underwriting Commission Deferred revenue expenses/ Discount on issue of shares/debenture/share expenses 2. Current Assets (a) Current Investments: (Investments in Equity Instruments (Shares), Preference shares, Government Securities, Debentures, and Mutual Funds etc.) (For short duration, ie, meant for resale) (b) Inventories: Inventories include the following: (i) Raw Material (ii) Work-in-progress (iii) Finished Goods (iv) Stock- in- trade (in respect of goods acquired for trading) (v) Stores and Spares (vi) Loose Tools (c) Trade Receivables: Debtors and Bills receivables. (d) Cash and cash equivalents: as discussed in the salient features of Schedule-VI in General Instructions:- (a) Balance with banks (b) Cheques, drafts on hand. (c) Cash in hand (d) Deposit with Banks. (e) Short-term Loans and Advances: (short term loans /advances given to employees) (f) Other Current Assets: (Restricted to prepaid expenses, Accrued Incomes, Interest accrued on Investments, Advance Tax) 3. Contingent Liabilities and Capital Commitments (Not to be evaluated) (a) Contingent Liabilities Those liabilities which may or may not arise because they are dependent on a happening in future. It is not recorded in the books of accounts but is disclosed in the Notes to Accounts for the information of the users. (Claims against the company not acknowledged as debts, Guarantees, Other money for which the company is contingently liable). (b) Capital commitments A future liability for capital expenditure in respect of which contacts have been made. (Uncalled liability on shares and other investments partly paid etc.) **********************************

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